Jones Lang LaSalle, together with international brand W Hotels Worldwide has launched the exclusive The Residences at W London in the heart of London’s West End.
Located on the top two floors of the iconic W London, The Residences are set in a world-class location on the corner of Leicester Square and Wardour Street in the epicentre of London’s entertainment district, just minutes from theatre-land, the infamous shopping streets of Bond Street and Regent Street, whilst in the heart of cultural Soho.
The Residences at W London designed by renowned international architectural associates Concrete comprise 11 two and three bedroom penthouse apartments, all with stunning panoramic views of London from their private roof terrace.
Each apartment has been finished to the highest specification boasting Gaggenau kitchens, Sonos sound systems, a dedicated IPhone app accessible with the apartment’s own iPad and secure access to all apartments with the W London’s Welcome Agent there to greet The Residences’ lessees. All occupants can take advantage of the W London’s iconic “Whatever/Whenever” service enabling them to have their own private London address with the perks offered to guests of the W Hotel.
Anna Kind, Associate Director at Jones Lang LaSalle who are leasing the apartments, commented:
“We are excited and thrilled to have the opportunity to market this unique set of penthouses connected with the W Brand. Globally the “W” has only a select set of Residences attached to their hotels, but The Residences at W London are the only ones that can be leased as opposed to being purchased, making them unique to the Brand and enabling a resident occupier to rent the apartments and not tie up their capital in purchasing.
“Occupiers will be able to take apartments on a long term basis, have a key to their own front door, yet have all the benefits of staying at the W London which is ideal for someone who may need a more permanent Central London base, want to order room service and housekeeping, all from a touch of their iPad.”
With private terraces commanding far-reaching views of London in an unbeatable location these London pads are one of a kind offering all the benefits of staying in a top-class London hotel with the extra advantage of staying in your Central London address.
Kind goes on to add: “The Central London Residential Leasing market still remains healthy, with tenants willing to pay that little bit more for “added value” apartments with that “little bit extra”.
The “W London’s” extras include, access to the “Sweat” gym , Spa with four treatment rooms , Guest List entrance to the W London’s Wyld Bar and DJ nights, room service and the iconic “Whatever/ Whenever Facility so long as its legal”. We strongly believe that The Residences at W London will be setting a trend for the future.
Source: Jones Lang LaSalle
30/03/2012 10:08 by Buildington
Spice Market London at the W Hotel London on Leicester Square won the Restaurant Interior Design of the Year Award at the European Hotel Design Awards held last night at the Park Plaza West Minster Bridge, London.
This is the second major award Northern Irish developer McAleer & Rushe has garnered for the stylish Leicester Square hotel it developed and built. The W Hotel also won the best UK Project at MIPIM, the international property exhibition in Cannes, France. Spice Market saw off competition from Dinner by Heston Blumenthal, at Mandarin Oriental Hyde Park, London, Four Seasons Hotel London at Park Lane, Massimo Restaurant & Oyster Bar at the Corinthia Hotel London and Hyatt Regency, Dusseldorf.
In February 2011, internationally renowned chef Jean-Georges Vongerichten and CulinaryConcepts by Jean-Georges premiered the South East Asian-inspired restaurant which is the sister restaurant of the iconic Spice Market in New York’s Meatpacking District.
Designed by Amsterdam-based team Concrete, the venue’s striking opulent interior offers a unique blend of the authentic old world feel of Spice Market NY and the contemporary architecture of the new W London. Set over two floors, warming shades of gold, copper, chrome and wood are used throughout Spice Market and the windows are discreetly screened with gold mesh. Low slung black leather banquettes encircle the rooms and diners will be seated at intimate booths. Other notable design features include a stunning ‘birdcage’ gold spiral staircase and 600 custom-designed shimmering wok lamps, which cover almost every part of the ceiling giving out an attractive low light.
The rear wall of Spice Market houses a 24 metre-long wall of spices containing all the colours, flavours and fragrances of the South East Asian dishes served at Spice Market. There are 34 seats downstairs available for dining, a cocktail lounge with 32 seats and a sushi bar. Upstairs hosts 95 seats with an open kitchen and a private room accommodating up to 40 covers.
Eamonn Laverty managing director of McAleer & Rushe said:
“I am delighted that Concrete got the recognition it so richly deserves for the stunning interiors it created at the W Hotel.”
25/11/2011 18:15 by Buildington
McAleer & Rushe confirm the completion of the sale of its W Hotel development on Leicester Square to Qatari investor Al Faisal Holding for just under £200m.
The Northern Irish company developed and built the stylish 192-bedroom Starwood-operated hotel scheme which also includes 11 luxury flats and a 35,000 sq ft M&M’s store.
McAleer & Rushe’s managing director Eamonn Laverty said:
“The design, development, construction and sale of the W Hotel-led development on Leicester Square has been a fantastic international showcase for McAleer & Rushe. I am tremendously proud of our company’s achievements. And I would like to thank all those involved who have made it such a successful project.”
Jones Lang LaSalle and Steerforth Partners advised McAleer & Rushe.
25/11/2011 18:08 by Buildington
McAleer & Rushe Sell £200m W Hotel To Qatari Investor.
In one of the most high profile hotel transactions of the year McAleer & Rushe has exchanged contracts to sell its glamorous W London-Leicester Square hotel-led mixed use scheme to a Qatari-based investor for close to £200m.
The purchase price reflects a net initial yield of close to 4%.
The stylish 192-bed W London is situated on the corner of Leicester Square and Wardour Street, on the site of the former Swiss Centre. In addition to the Starwood-operated hotel, that has quickly become synonymous with A-list celebrities, the ten-storey building houses 11 luxury two and three bedroom penthouse W Residencies and a 35,000 sq ft M&M’s World store, a first for Europe.
Developed and constructed by McAleer & Rushe and designed by Jestico + Whiles the scheme has won best UK development at international property show MIPIM, held in Cannes, and has been shortlisted for a number of other forthcoming prestigious architectural awards.
McAleer & Rushe’s managing director Eamonn Laverty said:
“This has very much been a flagship, showcase development for McAleer & Rushe. We built a hotel that is instilled with the highest levels of design and exclusivity that one would expect of such a glamorous brand as W and on such a prominent site, on one of London’s most famous squares. We have also created one of the most exclusive branded apartment schemes in London, with the full benefit of catering and other services provided by the W Hotel. The funds raised will be reinvested in the business and will assist us in the pursuit of other development opportunities.”
McAleer & Rushe’s property director Stephen Surphlis added:
“There was always going to be a lot of interest in this scheme given its architectural quality, the long leases and strength of the international covenants of Starwood Hotels & Resorts Worldwide and Mars Retail Group, and the strong demand for prime London property. We are particularly pleased to have concluded such a successful transaction.”
Jones Lang LaSalle and Steerforth Partners advised on the sale.
Robert Millar investment partner of Steerforth Partners said:
“The W Hotel received a lot of interest from international investors and is the latest evidence that the market for prime central London property remains very robust. The price achieved is testament to McAleer & Rushe’s foresight and acumen in acquiring, developing and letting this iconic London landmark.”
Jon Hubbard, MD for Jones Lang LaSalle Hotels added:
“London remains the focus for global capital and this sale reinforces the international appeal of London for real estate investors, recognising the long term strength of the London hotel market. The current lack of stock continues to drive competition for good quality assets.”
20/09/2011 17:57 by Buildington